Archived News
11-03-2019
Asean gains China’s support on RCEP
The Association of Southeast Asian Nations (Asean) has been assured of China’s support in realizing the Regional Comprehensive Economic Partnership (RCEP) Agreement, Chinese Vice Minister of Commerce Deputy Representative of International Trade Negotiations Wang Shouwen said
11-03-2019
US is losing the tariff wars
The article talks about how America’s pulling out of the TPP talks is leaving the American cattle business out of the picture in Asia. This is especially true in Japan where the Australian beef producers are in the process of taking over the beef market that used to belong to us
11-03-2019
Salcra to collaborate with Centexs to develop palm oil industry — Uggah
There is a plan for collaborations between Sarawak Land Consolidation and Rehabilitation Authority (Salcra) and Centre of Technical Excellence Sarawak (Centexs) to develop the palm oil industry using smart practices
11-03-2019
China Trade War Update: Does Anybody Know What's Going On?
The China trade war is on pause again. New tariffs, which were supposed to double on March 2, are part of a new ceasefire agreement between Beijing and Washington. Is it a 60-day trade truce
11-03-2019
Trump bringing trade war to Israel
US trade negotiators are seeking to upgrade a free-trade agreement, signed in 1985, to reduce barriers for American agricultural products in the Israeli market; Israeli consumers stand to benefit from reduced tariffs and increased competition in the local market
11-03-2019
Palm oil in hot soup?
UNDER pressure for years from three fronts – the environmentalists, the competitors of palm oil (lobbyists for other edible oils), and the bankers (Norwegian Sovereign Fund stopped financing 33 companies dealing in palm oil) – the countries in the European Union are phasing out the purchase of the edible oil, slowly but steadily
11-03-2019
Malaysian palm oil price reverses gains, falls for 3rd day
Malaysian palm oil futures reversed early gains to close lower on Friday, charting a third straight day of losses on weaker demand outlook
11-03-2019
Malaysia says EU palm oil curbs lack scientific proof, breach WTO rules
A European Union proposal to limit the use of palm oil lacks comprehensive scientific evidence and breaches global trade rules, Malaysia's marketing agency for the edible oil said on Friday
11-03-2019
Malaysia and Philippines pledge to work together
Malaysia and the Philippines have affirmed their commitment and stance in key issues such as political and economic cooperation, security threats, the South China Sea dispute and the Korean Peninsula conflict.
08-03-2019
Malaysian palm oil/Vegoils: Market factors to watch Friday March 8
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday March 8.
08-03-2019
Malaysian palm oil price falls 1% on weaker edible oils, bearish outlook
Malaysian palm oil futures fell over 1 percent on Thursday, charting a second straight session of declines, on weaker related edible oils and bearish market outlook on palm prices and inventory levels
08-03-2019
Tapping the market for good yields
From a humble beginning in the 1960s, the Malaysian palm oil industry has transformed to become one of the key contributors to the country’s Gross Domestic Product (GDP), foreign exchange earnings and employment opportunities